When comparing Bitcoin’s utility compared to fiat, Krugman says his major issue is the cost of transactions used to transfer BTC. He believes if those fees were reduced, that would remove his primary opposition to cryptocurrency.
Another confusing article about Paul Krugman, a confused guy, I scratch my head when I read quotes from this guy. Not too long ago he said that 'Bitcoin Sets Monetary System Back 300 Years', now he's saying that if transaction costs were lower, he'd be ok with crypto. What?!? This guy makes no sense to me. I don't think there's much debate that transaction costs are going to go lower in the future. He hedging his call, wants to say he was right no matter what happens, lol. He should be a politician. I guess he kind of is, being an economist....
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When comparing Bitcoin’s utility compared to fiat, Krugman says his major issue is the cost of transactions used to transfer BTC. He believes if those fees were reduced, that would remove his primary opposition to cryptocurrency.
Bitcoin still around $6450, not bad, creating some type of floor in the price, at least short term
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absolutely
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Sounds like someone needs to learn about a new crypto. Stay #dashy
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I don't follow as close as you appear to but Dash has to be a buy at $140, right?
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I guess it depends on your definition 'utility'. Gold has use cases outside of store of value, you can argue BTC does as well (payments), however gold is the world standard which carries intrinsic value. I can still see BTC disrupting gold however.
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BTC going to disrupt a lot of things, watch :)
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Good information..Bitcoin.
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Thanks
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Upvoted by @teenagecrypto
I’m actually going to start coding the bot soon
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So, how does it work, remember dumb it down for me, what are the specifics, a ROI?
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I’m actually coding it still but I do it manually right now
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Is there a private message on steemit?
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There’s steem.chat that is private
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Send me a link, let's take the conversation there please
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Join my discord https://discord.gg/yDhyMjr
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Going there now
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I guess it’s not working right now do you have discord
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You got a 89.37% upvote from @minnowvotes courtesy of @onthehook8!
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Thanks
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You got a 64.08% upvote from @brupvoter courtesy of @onthehook8!
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Thanks
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